I do not really care about the ban on bitcoin in the country of Indonesia, in fact everyone ignores it for several years last year, until now their people still use bitcoin as their future hand, the issue of prohibition is only part of their issue, so that their society throw so a lot of bitcoin and they end up buying it and chewing bitcoins cheaply, and they might want to get their tax payments altogether to ask the people, so what they do for bitcoin issues is just their mask !!! when searching for the word "Indonesia" in google images, you will find beautiful panoramic images in one city in that country, that is Bali. I believe if people mention Indonesia, which remembers its bali city, but the city is not the capital. Regarding the ban of bitcoin in the country, I don't think it will be a public concentration because it can still be said to be a poor cryptocurrency. Although there is an exchange that trades some cryptocurrency nonetheless a population that even only knows about bitcoin is no more than 1%. So, do not worry about this one country. |
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A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
Today's market cryptocurrency shows positive signs after successfully rising about 20% from the bottom especially bitcoin with more than 20% up from around $6.5k (around $2k increase/day). It may take up to March for bitcoin to reach above $10k, this is due to FUD still felt by some investors since it crashes for more than 4 weeks. |
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Two are the main reasons for this drop-red sea. The one is that 2-3 days ago Facebook deside to ban adverts that "promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency". The second and most important is the announcement (?) of India’s finance minister Arun Jaitley. He vowed to ban cryptocurrency and discontinue the use of bitcoin. I quote what he said: “The government does not recognise cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these crypto assets in financing illegitimate activities or as part of the payments system”.You can check this article, i'm sure that you can find more : https://www.express.co.uk/finance/city/913101/Bitcoin-ban-India-news-BTC-price-crash-cryptocurrencySo the people of India are scared and dump almost everything they got. Imho, don't. Hodl and wait. If not, then so be it. We will get them all for you.  Agrees, with the occurrence of the events behind the ban on cryptocurrency and then followed by the massive sell by young investors(newbie investor), causing the entire market cryptocurrency to show the red position for 4 weeks and has fallen more than 50% from the previous all time high. this is certainly a concern for all holders of bitcoins and other cryptocurrencies, but remember that this is not the first time. |
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The price increase at the end of 2017 is the impact of the users. After Bitcoin broke through $ 10k, the whole world was overwhelmed by this news, so a lot of people were lured into bitcoin investment without thinking. In other words, the current decline is nothing but the impact of massive sell of users or investors who think that bitcoin is just a bull coin. This is a healthy routine. You should be ready to see the bear after feeling the bull.
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I can't imagine a bitcoin increase after having a bear time throughout this time. $50k is a moderate figure when viewed from the last all time high of $20k. At the beginning of 2018, yesterday bitcoin posted its lowest price at $7.5k and resumed today almost to that price again. Nowadays people are more targeting bitcoin back to $5k but it can be said that is very difficult because at the price of $7k the buy wall is very big.
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But don't you think that bitcoin will be replaced by ETH?
Do you think people around the world know more about Ethereum than bitcoin? Even bitcoin itself is still very little known by people around the world, in general no more than 10% who know what is bitcoin and not more than 2% who own it. You're talking too far if ethereum will replace the bitcoin position. |
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what everyone keeps talking about these days (which is during crash) is how big crashes used to be and how big it will get now,... example: Historic BITCOIN crashbut something is neglected in my opinion and that is the recovery that always comes after these "crashes". so lets assume this is a crash and i don't care how low it may or may not go. lets talk about the recovery, whenever that might be: here are some examples based on bitstamp prices: 2012 recovery, August: $2.25 to $16.41 => 629%2013 recovery, April: $7.1 to $259.34 => 3552%2013 recovery, December, also a fake pump: $45 to $1163 => 2484%2016 recovery, June: from $152.4 to 778.85 => 411%2017 recovery, December: from $465.28 to $19666 => 4126%where will it go to in the future after the recovery? 5000%? to $400,000? Based on the data you presented above, it shows that 2017 is the year in which there is a very significant bitcoin increase from the beginning of the year and I also believe that last year bitcoin managed to steal the attention of people around the world by successfully penetrating the number $ 10k even directly to $ 20k . Although bitcoin is currently experiencing a correction that makes panic, they should be aware that this is still early 2018 and there are still 10 months left to gain another 2000%. |
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The current market condition is staggering with the difficulty of the market to break the $ 10k mark. Can It be a sign that there will be a subsequent low tide after a few days ago had dropped to about $ 7k? Nevertheless, the $ 9k point has become an excellent entry point considering the last bitcoin ATH is $ 20k and it's already crashed more than 50% from the last All-time high.
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Please stop this joke. Altcoin still survives until now because bitcoin still exists, and investors still believe in it. While bitcoin has a significant price drop, all altcoins share the same experience. That is real proof, imagine if the bitcoin price continues to fall and What is the price of Ethereum as number 2 in CMC when bitcoin returns down to $100 ?. Think a bit realistically.
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Things started to go back to the first case. This time on South Korea, NO BAN for cryptocurrencies .  Who will be next? tell me your opinion??  Can you provide a link that contains the news? Because what I know, there is indeed a confusion by the South Korean government to ban cryptocurrency because there are groups that support and some are not. This should be viral enough news if there has been a decision from the South Korean government that is the result of the meeting they held among state officials. |
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Good news for XRP holder, because ripple company has new partner now, ripple say " since launching xRapid late summer, we have signed on 4 costumer : @moneygram @Cuallix @IDT_corp and @mercury_fx_ltd -payment providers are leading the way to use xrp in real money pilots. Ripple is in top 10 in coinmarketcap. Be smile guys Im sure xrp will be bigger in the next For complete information you can visit : https://twitter.com/Ripple/status/956558033731010560More customers mean demand will increase, and increasing demand will boost prices. This is good news for Ripple's holders. I am one of them because I regard cryptocurrency with clear usage and visionary goals that are worthy of adoption. At the last pump, XRP has not made $ 5 yet, but I'm sure the next pump will happen. This is a good time to invest in XRP while the price of all cryptocurrency still struggling. |
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Trading is only a matter of experience and experience is the best teacher. In the experience, you should feel the profit, and you will feel the loss because both cannot be separated and become a core part of the trading process itself. Where do you think the sites where you trade make a profit for them if they just have to pay for the profit you get? When there is a profit, there must also be a loser, that's the balance in trading. You can not focus on just one point.
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For now, almost no companies like Starbucks are adopting bitcoin as a means of their transactions, owing to the high transaction costs. Of course, management has calculated if they use bitcoin as a means of payment under current bitcoin conditions. They need instant transactions and very cheap fees, maybe like Ethereum or Bitcoin cash. In terms of volatility, this is not a problem for them, because their intent to receive payment with cryptocurrency as an alternative is as a means of corporate investment. |
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How can we be expected to invest in this stupidity? Here is a guy trying to give Andreas a tip of $1.50. To do that, he paid $13.46 in fees. Does that seem like a sensible payment system? Not. It is garbage. SegWit didn't help with anything.  This is still a major problem in bitcoin, where people who want to transact in small quantities, must pay a fee greater than the amount to be sent. But it's all back to its users. Maybe you think BCH is faster than bitcoin because it can process transactions instantly, but you need to know that everyday bitcoin averaging 400k transactions while bitcoin cash is not up to 4k per day. Why did it happen? well, let's just say passengers who want to ride a 5-star plane certainly more than the passengers who want to ride a 1-star plane. Because 5 stars plane is more ensure the safety of the passengers. |
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I saw the bad news about the bitcoin  , I feel unhappy because I'm going to invest into bitcoin . Whether it booms again or continues down to death. Should I start with $450 now? If it's possible, please tell me where to begin. My colleagues advise me to use ETH, but i just found another name Nextycoin. The Nextyplatform seems to new, i wonder it will lead more oppoturnities, by contrast, ETH's old and likely to more reliable.  Which one should I choose? Anyone gives me some info. about them or other names, pls. Thanks Don't know much, too easily affected, and not serious. Maybe that's what you are now, as evidenced by only 1 activity in this forum. In your mind is, after investing today on one of cryptocurrency, the next day you will get a big profit, so on and on. In fact, the reality is not what you think it is. This is not a game you can master for less than a day. It takes carefulness and seriousness in it because otherwise, you'll just be the victim of cryptocurrency. |
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Bitcoin's value has risen from $ 800 in January to a record $ 20,000 in December.
the funny thing is, the bitcoin price last year in January was $1000+ when the year started then started struggling like this year and fell down as low as $750 and stayed below $1000 for a while before breaking out and starting the real rise. If last year was a reflection of the following year, that means we will prepare a return on March with a 49% return to new high rate and a breakout at the end of the first semester in June with a 65% return to new high and so on. Last year can be used as a benchmark for this year, although time will not be the same, at least have similar schemes and processes. |
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There are not really any bad news that are driving this, my conspiracy theory is that there will be a breakout soon and whales are pushing the price down now, to scare the speculators and the newbie traders. They need to buy more cheap coins and the only way to get people to sell their coins, is for them to artificially create a fake "dump". ^hmmmmm^
Once the price reach a very low point, they will quickly buy up these cheap coins and more newbies and speculators will be pushed out of the market.
As per your statement it's seems some people are trying to make other people get bankrupt with that way , I don't think the market run as easy as like that. It's okay that's your theory. Fundamentals nowadays has big impact to the Bitcoin market, look at how the price of bitcoin soaring once korean exchange announced they would operate soon , back at the end of 2017. But this time I'm not sure the crash happened due some people create a panic atmosphere just like your general theory , it could be due the real huge selling occurred right? From your point of view, it is true that there has been a massive sale since bitcoin reaches nearly $ 20k, then supported by the issue of south Korea that will ban trading, steam decisions not to use BTC because the fee is too high, the issue of the hacked Nicehash , and lastly about hacked one of the exchange in Japan who lost about $ 400k. It all exerts its influence slowly, and without anyone realizing the price is back to the $ 10k point. |
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Lot of regulations apply for crypto these days.
some economists say this will be the year of regulation, where more and more regulations will emerge to regulate cryptocurrency. some countries ban exchanges and also TAX applying for them.
Some countries that prohibit exchange sites because they consider the bad impact that is produced can not be unstoppable again, there are others who use other ways to provide a very high tax that is above 20%. some countries ban ICOs.
I hope all countries forbid ICOs (ICOs that are synonymous or contain fraudulent elements) as they may harm many people. one of the major social media facebook stop all crypto ads.
A very wise decision, because as the world's largest social media company, its impact on Cryptocurrency spread is enormous. they do not want to allow fraudulent projects in which cryptocurrency-based uses facebook as a stepping stone. |
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Bitcoin is overpriced. If people hold bitcoin will never reach $20k. We should sell.
On what basis do you say that? no wonder, maybe you are still new in the realm of cryptocurrency. What needs to be underlined is the limited number of bitcoins while the demand keeps increasing every year. Back to the law of demand and supply, when demand is high, prices will go higher. Meanwhile, the survey showed 60% of USA residents know about bitcoin and only 5% have. Only 5% and it represents the average number of people around the world who have bitcoins. Do you still think bitcoin overprice? For example, if we compare bitcoin with gold by market capitalization, My prediction with a simple calculation that compares the bitcoin market cap bitcoin and gold market cap.
current bitcoin market cap = $ 199 B
current gold market cap = $ 8.2 T
current bitcoin price = $ 11,872
$ 8.2 T / $ 199 B = 41.2
bitcoin need 41.2 times current market cap to reach the gold market.
Possible price is
41.2 x 11.872 = $ 489,197
With very fast bitcoin growth, $ 1M / btc may still be practically reasonable.
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There are not really any bad news that are driving this, my conspiracy theory is that there will be a breakout soon and whales are pushing the price down now, to scare the speculators and the newbie traders. They need to buy more cheap coins and the only way to get people to sell their coins, is for them to artificially create a fake "dump". ^hmmmmm^
Once the price reach a very low point, they will quickly buy up these cheap coins and more newbies and speculators will be pushed out of the market.
I agree, maybe this looks like a manipulation of bitcoin prices, but with the aim that they can buy more BTC at a cheap price and get rid of the instant gain seekers. Well, after making "fake dump", turn the speculators and the newbie traders who become victims. this proves that investing in bitcoin is not as easy as they have in their minds. The winner is the one who managed to survive. |
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